Owner’s Action on Punchlist Sample Clauses

Owner’s Action on Punchlist. Owner shall notify Design-Builder within ten (10) business days after receipt of the Punchlist that it accepts such Punchlist and estimate or shall otherwise state its reasons for disagreement therewith in reasonable detail; provided, however, that: (a) Owner shall have no obligation to accept such Punchlist if the aggregate value of the Work to be performed as described in the Punchlist (including labor and equipment) exceeds one half of one percent (0.5%) of the Contract Sum; and
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Owner’s Action on Punchlist. Owner shall notify Design-Builder within ten (10) business days after receipt of the Punchlist that it accepts such Punchlist and estimate or shall otherwise state its reasons for disagreement therewith in reasonable detail; provided, however, that: (a) Owner shall have no obligation to accept such Punchlist if the aggregate value of the Work to be performed as described in the Punchlist (including labor and equipment) exceeds one half of one percent (0.5%) of the Contract Sum; and (b) acceptance or rejection thereof shall not relieve Design-Builder of its liability to complete or correct the Punchlist items. If the parties fail to agree on any aspect of the Punchlist, then:
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Related to Owner’s Action on Punchlist

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